Amazon's threat of buying sports rights should scare media companies



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Robert Iger, President and CEO of Walt Disney Co., arrives for a morning session at the Allen & Co. Media & Technology Conference in Sun Valley, Idaho, USA on Thursday, July 12, 2018.

David Paul Morris | Bloomberg | Getty Images

Robert Iger, President and CEO of Walt Disney Co., arrives for a morning session at the Allen & Co. Media & Technology Conference in Sun Valley, Idaho, USA on Thursday, July 12, 2018.

Amazon CEO Jeff Bezos may have offered an early Christmas present to Bob Iger, the Disney CEO, this year. But if Iger accepts it, it could pave the way for the disappearance of traditional cable television networks, including Disney's ESPN network.

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